NOT LISTED FOR SALE

1655 Meadow Ln Bannockburn, IL 60015

Estimated Value: $960,000 - $1,349,000

4 Beds
3.5 Baths
3,106 Sq Ft
$361/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $1,065,000 $343 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,995/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Fireplace in Primary Bedroom
  • Bannockburn School Rated A+
  • Mature Trees
  • Deck

About This Home

As of May 2024

Welcome to Bannockburn, the best-kept secret on the North Shore. Talk about curb appeal! This handsome brick newer custom residence is set on a gorgeous private lot in an area of upper-bracket homes and features all the amenities you would expect in a luxury home. As you enter the grand entrance you will immediately notice the quality craftsmanship and custom features that make this home special, gleaming hardwood floors, custom moldings, and 9 ft ceilings. This home is perfect for grand-scale entertaining and luxurious and comfortable everyday living. The elegant and spacious dining room features custom wainscoting and trayed ceiling. Living/ music room with its custom windows is perfect for quiet activities. Convenient 1st floor study. The heart of the home is the large gourmet kitchen that opens to the family room with a cozy gas fireplace. The kitchen includes high-end appliances, plenty of cabinetry, and quartz countertops. Spacious 1st-floor mud/laundry room with custom boot bench right off the garage. Second floor features a Magnificent primary suite complete with fireplace, custom his and her closets, and a spa-like bath with soaking tub, large walk-in shower, and radiant heated floor and towel rack. Three additional spacious bedrooms-2 with walk-in closets. Large finished lower level with recreation room, fireplace, full bath, and cedar closet. Beautiful private backyard with wooded views and custom paver patio. Additional amenities include copper gutters, custom paver driveway, central vac, new front door, and garage doors. Surround sound throughout the entire house with separate surround sound for the basement.Bannockburn was voted the best Illinois Suburb in 2023 by Niche. Bannockburn Elementary School was just voted #4 in Illinois by Niche for 2024. Deerfield High School is also Nationally Ranked. Want a serene setting, yet minutes away from transportation, shopping, dining, and entertainment with some of the finest schools in the nation? Bannockburn is your choice!

Last Agent to Sell the Property

Honore Frumentino

@properties Christie's International Real Estate License #471002453 Listed on: 02/23/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Jacqueline Luxem

@properties Christie's International Real Estate License #475172473

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,236

Year Built

  • Built in 1994

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 116.4 x 156.3 x 101.3 x 212.7
  • Landscaped Professionally
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,106 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Skylights
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Home Office
  • Workshop
  • Wood Flooring

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Laundry Chute

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Brick Porch or Patio

Schools

  • Bannockburn Elementary School
  • Deerfield High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Water Softener

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,236

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Cooktop, Water Softener, Electric Cooktop
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 3
  • Interior Amenities: Skylight(s), Bar-Wet, Hardwood Floors, First Floor Laundry, Walk-In Closet(s), Ceilings - 9 Foot, Granite Counters, Separate Dining Room, Workshop Area (Interior)
  • LivingArea: 3106
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Master Bedroom,Basement
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped, Mature Trees
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Other
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Laundry Chute
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Bannockburn Elementary School
  • High School: Deerfield High School
  • Middle/Junior School: Bannockburn Elementary School

Lot Info

  • Lot Size Acres: 0.42
  • Lot Dimensions: 116.4 X 156.3 X 101.3 X 212.7
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 13236
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 23, 2024
Sold by
Michael M Alch M and Michael Debra A
Bought by
Waterloo Living Trust and Waterloo
Seller's Agent
Honore Frumentino
@properties Christie's International Real Estate
Buyer's Agent
Jacqueline Luxem
@properties Christie's International Real Estate
List Price
$999,900
Sold Price
$1,065,000
Premium/Discount to List
$65,100
6.51%
Views
32
Current Estimated Value
$1,121,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,902
Avg. Annual Appreciation
3.22%
Original Mortgage
$852,000
Outstanding Balance
$837,128
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$284,774

Purchase Details

Closed on
Oct 20, 2021
Sold by
Michael M Alch 1989 Trust
Bought by
Michael M Alch And Debra A Alch Revocable Tru and Alc Debra

Purchase Details

Closed on
Feb 17, 2010
Sold by
Alch Michael M
Bought by
Alch Michael M and Michael M Alch 1989 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 1994
Sold by
Rensch Marshall P
Bought by
Stone John R and Stone Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.05%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Waterloo Living Trust $1,065,000 Chicago Title
Michael M Alch And Debra A Alch Revocable Tru -- Kristen L Gorenberg Esq
Alch Michael M -- 1St American Title
Alch Michael M -- 1St American Title
Stone John R $166,666 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waterloo Living Trust $852,000
Previous Owner Alch Michael M $292,000
Previous Owner Stone John R $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $1,065,000 +6.5% $343 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $999,900 -- $322 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,610 $216,772 $45,760 $171,012
2023 $13,236 $208,035 $43,916 $164,119
2022 $13,236 $192,226 $47,284 $144,942
2021 $12,517 $185,332 $45,588 $139,744
2020 $12,539 $185,722 $45,684 $140,038
2019 $12,025 $185,406 $45,606 $139,800
2018 $14,804 $217,371 $48,339 $169,032
2017 $14,856 $216,678 $48,185 $168,493
2016 $15,331 $216,679 $46,363 $170,316
2015 $14,961 $203,588 $43,562 $160,026
2014 $15,135 $199,142 $43,872 $155,270
2012 $14,861 $197,385 $43,485 $153,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11986702

Midwest Real Estate Data (MRED)

APN: 16-20-306-007